FOUNDATION FOR GLOBAL SCHOLARS

EIN: 841272157 501(c)(3) International Affairs

BOULDER, CO

Total Revenue
$2,391
Total Expenses
$107,972
Total Assets
$290,817
Net Assets
$290,787
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
CO
Principal Officer
CYNTHIA BANKS
Phone
7209718235
Tax Period
2020-01-01 to 2020-12-31

FOUNDATION FOR GLOBAL SCHOLARS, founded in 1994, is a micro nonprofit in the International Affairs sector that reported $2K in total revenue in fiscal year 2020. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $108K exceeded revenue, resulting in a 4416% operating deficit.

Mission

PROVIDES SCHOLARSHIPS FOR INTERNATIONAL STUDY AND OTHER RESOURCES FOR COLLEGE STUDENTS AND ALUMNI.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $2,391
Other Revenue $0
TOTAL REVENUE $2,391

Expense Breakdown

Grants Paid $105,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $105,362
Other Expenses $2,972
TOTAL EXPENSES $107,972

Year-over-Year Comparison

2020 2019 Change
Revenue $2,391 $3,143 -0.2%
Expenses $107,972 $157,853 -0.3%
Net Income $-105,581 $-154,710 -0.3%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
Volunteers
1

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CYNTHIA BANKS PRESIDENT N/A
Officer Director
$0 $0 $0
SHELIA HOUSTON DIRECTOR N/A
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2020 $2,391 $107,972 $290,817 $-105,581
2019 $3,143 $157,853 $396,368 $-154,710
2018 $4,146 $114,845 $551,813 $-110,699
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